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Search Results 0 to 22 of about 23 (some duplicates have been removed)
CNN
Jan 6, 2013 7:00am PST
. will israel bomb iran and will the euro zone finally break apart? >>> then the fiscal cliff. the view from across the pond. how did our political process look from a perch overseas and what will it all mean for the u.s. economy and the global economy? >>> also, will this be india's awakening? the nation confronts its own dark corners after a despicable deadly act. i'll look at some parallels with america's recent tragic school shooting. >>> first, here's my take. the deal to avoid the fiscal cliff is a small victory for sanity, but what it says about the future is somewhat bleak. washington will probably lurch from crisis to crisis kicking problems forward and placing band aids small solutions on those it does address. there will likely be no large-scale initiative on entitlement reform, energy policy, probably even immigration reform and this is the real worry. because beyond the self-inflicted crisis of the cliff and the forthcoming debt ceiling, the united states faces a much deeper challenge. for more than a decade now, for many decades by some measures, america's growth rates have slo
CNN
Jan 4, 2013 11:00am PST
to use their credit cards or debit cards or take euros out of the atms because there are concerns about the banking practices at the vatican and so concerns that there might be lack in oversight. >> is it lax in oversight or something naughty? >> well, the concern here is that there might be something naughty that they are not complying withstandards for money laundering protections. there have been two reports, one from an independent group and one from the group of italy saying the practices are not up to snuff. remember the vatican is the home to the catholic church which is an organization of over a billion people. when the pank is moving money they are often moving enormous sums of money. one thing was a 20 million euro transaction. for the vatican that is something that happens on a fairly regular basis that they are moving enormous sums of money between the churches. it got flagged. international protections were not in place to keep the money safe. the pope said we are going to fix this but they are still not there yet and the bank of italy said as of january 1 no more credit ca
CNN
Jan 10, 2013 7:00pm PST
.s. is being shipped to europe today. if the euro is strong and the economy's stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing so r
CNN
Jan 27, 2013 7:00am PST
they might be overwhelming like the euro crisis have been weathered. people from america are optimistic. those from emerging markets more so, but everywhere there is a sense of caution. in pwc's annual global ceo survey released this week, 52% saw no change from the current tepid economic environment. 28% saw decline and 18% said things will get better. it is still an improvement from last year when 48% predicted a decline. the last few years of recovery followed by slow downs of political crisis, of new terror attacks from north africa have made people weary of excessive optimism. things are stable, crises have been contained, there's some growth on the horizon, but no one's ready to declare that we've turned any corners. there are no bulls in davos. no countries taking center stage. one symbol of the mood, the big splashy parties that companies like google used to throw have been quietly discontinued. not that google couldn't afford it, by the way. they just had their first year with $50 billion in revenues. underlying this caution, i believe, is a sense that growth that people had go
CNN
Jan 6, 2013 2:00pm PST
probably years and years to resolve. in the short term, the u.s. you can in the long term, the euro crisis is very substantial. >> let's add one more concern there apparently seems to be new concerns about brazil, a country that is supposed to be the economic dynamo, but now apparently seeing growth slowing. what's happening? >> brazil seeing trouble now. their main export is iron ore to china. with the slowing growth in china, china has now a surplus of iron ore, they are seeing less sales. but brazil has a lot of other things that might be helpful in the long run. they have the presalt oil, which could be billions and billions of barrels of oil that they will start coming on stream in the next five or ten years. they have a very strong agricultural economy. brazil actually, in the last quart earthquake the third quarter, grew much slowerer, .6%, the u.s. grew at 3.1% the third quarter. brazil has a way to go hopefully, able to rebound p >> hopefully indeed. all like to rebound. hal sirkin, a partner at the boston consulting group, oversees foreign markets. thank you very much. >> you're
CNN
Jan 10, 2013 10:00pm PST
. if the e comean is stable, when it arrives all is well. if the euro gets devalued or the banks or the stocks an
CNN
Jan 20, 2013 7:00pm PST
. but i'm romantic about politics. >> euro man tick about -- >> are you? you're not. you're pretty -- >> no, i try to operate in a world of facts and -- >> you're a realist, i'm an idealist. i like to imagine a world where, yes, we absolutely can get it done. >> and she will be on the platform with president obama watching tomorrow as we all will. >>> coming up, presidential life in pictures. two former white house photographers capturing some of the most iconic moments of a president's -- we're going to show you remarkable behind the scenes photos and they're going to talk about how they captured them. michelle obama got rave reviews for her inaugural gown last time around. how the first lady's fashion has evolved over the years and what it means to designers in this country. we'll be right back. s® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well
CNN
Jan 4, 2013 8:00am PST
we need to do is have congress take these actions, you know, i liken this sometimes to the euro crisis that's in europe, but europe really isn't in control of what happens. it's very difficult for them to take actions. in theory, we could take actions in the house, in the senate and with the president and have all this solved in the next few hours. but -- and they were very close to an agreement. >> yeah, let me ask you about this. obviously with the debt ceiling, the big problem right in front of us, conservatives will say, look, we need to leverage that, because we can't keep the democrats from spending unless we have a really, really powerful tool and the debt ceiling's a very powerful tool. on the other hand, democrats are saying, are you kidding me? that's not the kind of tool you should be using. and we actually do hear conservatives and business leaders saying the same thing as democrats it seems. don't be using that. it's killing us. i'd love to get your perspective on that. >> it's a very dangerous tool. it's one that i hope people only threaten to never use. because if
CNN
Jan 8, 2013 2:00am PST
this morning. >> earnings season kicks off today. we just learned the unemployment in the euro area hit a record high. >> imagine unemployment at 11.8%. i mean, this is troubling for people in europe, our biggest trading partner as a zone. and another reason why it's so important, because europe has been in the midst of austerity, cutting budgets, cutting spending, cutting benefits. and it's driving unemployment higher. and as we enter into this big debate in this country about cutting spending, cutting benefits, what are the things to take away from that for the united states? also a debt ceiling alarm bell from the bipartisan policy center saying the treasury department's going to run out of room on the debt ceiling earlier than we thought. february 15th, they say. that's the "x" date when we can't pay all of our bills, when we literally only have that date $9 billion coming in, and we have $52 billion in bills. imagine that in your own household. if you had $9 billion coming in and $52 million going out. when you look at it, it's staggering. i think we have a chart on the left. that'
CNN
Jan 8, 2013 4:00am PST
today when alcoa reports after the closing bell and unemployment in the euro area hit a record 11.8%. red alert. the united states could default on its debt in five weeks in congress doesn't raise the debt kree ceiling. half a month earlier than expected. america could be in default as early as february 15th and almost certainly before march 1st. despite extraordinary measures taken by the treasury department to delay that from happening. on that day, the luu.s. will ha $9 billion coming in to the treasury's coffers. $52 billion going out. committed spending, including social security checks, paying f active duty military. that's what they are fighting in washington. how to cut that spending. >> that math does not add up. it cannot work. >>> so it wasn't exactly point/counter point. because piers morgan didn't say much when he sat down with alex jones, the guy who created this petition to have piers deported because is he an outspoken advocate of guns and gun control. jones went completely into rant mode last night. here is what he said. >> i'm here to tell you, 1776 will commence
CNN
Jan 11, 2013 6:00am PST
. if the euro is strong and the economy's stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing some real hurdles. the shop that wants to order it may be unable to get a loan for its inventory, therefore, the instrument never gets shipped. or the customer who wants to buy this guitar may find that his money is now worth so little he can't afford it. and if this drought and the revenue stream continues pushing more businesses and more governments toward default on their debt, then there's a risk of the whole market drying up. so, everyone knows each time a shipment arrives in europe like this one, unpredictable market forces here could undermine the value of those guitars and force layoffs back home. >> the last few years just thinking about the economy in general, it's kind of a generalized fear. >> reporter: for now they control what they can. >> if we do a better job when somebody's looking to buy a guitar, they'll look more to our stuff than the other stuff. over time. >> reporter: an
CNN
Jan 12, 2013 7:00am PST
,000 in the u.s. is being shipped to europe today. if the euro is strong and the economy is stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing some real hurdles. the shop that wants to order it may be unable to get a loan for its inventory. therefore, the instrument never gets shipped. or the customer who wants to buy this guitar may find his money is worth so little he can't afford it. and if this drought in the marine stream continues pushing more businesses and more governments toward default on their debt, then there's a risk of the whole market drying up. so everyone knows each time a shipment arrives in europe like this one, unpredictable market forces here could undermine the value of those guitars and force layoffs back home. >> the last few years just thinking about the economy in general. it's kind of a generalized fear. >> reporter: for now they control what they can. >> if we do a better job when somebody's looking to buy a guitar, they'll look more to our stuff than
CNN
Jan 22, 2013 9:00am PST
, euro survived the big crisis. is there some optimism there? >> reporter: well, schwab, head of the world economic forum, optimistic smiling, says the euro didn't collapse, europe didn't fall apart, there's economic growth in the united states, there's room for optimism. i can tell you if you talk to the ceos, most of the people are ceos and in business, they are not optimistic. there is a deficit of confidence, and that's because you have budgetary problems in the united states, you have the eurozone problem, you have china, india slowing down. these other issues are very much on their agenda. so, you and i, as the week will go on, will distill this into what really they're talking. at the moment, the one word to keep in mind, risk. where it lies at the moment. >> and if they think that it's risky, business people and they're trying to get a sense of where we are with the economy if they think it's risky, how is that impacting us? everyday folks here who are looking at their, you know, paychecks and homes and wondering if it's going to change, if it's going to get better. >>
CNN
Jan 22, 2013 2:00am PST
, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at a davos -- last year -- and it was one of the best birthdays ever. first time i ever ran into kings and bankers and princesses. it's really an interesting .01% of the global leaders. >> with the official public swearing inform the president all done, you know that, small matter over, the really big news of the day -- what was she wearing? look at that lovely red dress. this is not just a big story, it is epic. we'll have it coming up. but if you're looking
CNN
Jan 23, 2013 4:00am PST
barely 1%. and with an advanced economies, the euro zone, mostly in recession, uk is borderline recession, and even the united states, compared to other advanced economies growing in my rue is going to grow another year, a trend of 1.6%, 1.7%. keeps unemployment rate very high. >> reporter: and that's important. rate of growth, keeps unemployment very high in this country. key to all of that is some sort of grand bargain, grand deal in washington. not expecting that any time soon. outlook for housing improvement. but not as much as i think all of us would like to see. soledad. >> great, poppy. thanks for that. >>> ahead on "starting point." vice president biden begins his next four years, he reflects on his past term and his a-ha moment and why he decided to take on the nra. >>> she dated lance armstrong for years. sheryl crow is talking about armstrong's confession that, in fact, he did dope. and new pictures of an aftermath of a major fire in chicago. look at that building encased in ice. back in a moment. twins. i didn't see them coming. i have obligations. cute obligations, but obliga
CNN
Jan 24, 2013 9:00am PST
the euro but in many aspects it is in and it is a full member. united states depends on britain for the very strong role in international affairs. it helps all over the place whether in trying to confront iran, syria and north korea with sanctions and plays a big role whether afghanistan, iraq. david cameron is saying we like our foreign role. we like you and our economic role in the e.u. but we don't want to be a part of your political role. he is trying to negotiate a half in/half out role for the u.k. that is very concerning to the u.s. because he has raised the stakes by saying he would put it to the british people in the referendum. if they vote to get out of the e.u. that could fundamentally change that relationship. >> let's listen to a little bit of your interview there. >> you see all the economic turmoil in europe. you see it over here, as well, in the u.s., the rambling over the fiscal cliff. it seems to be endless economic uncertainty. >> president obama and i have agreed that different countries should take different pathways according to circumstances and america i
CNN
Jan 3, 2013 11:00am PST
euros on taxes. no one can shame me about how much taxes that i have been paying. i have certainly been done a lot for this count row and he outlines the people he employs that includes some vineyards and two restaurants and a number of other things. looking like he might accept that offer of russian nationality and leave the country. joe? >> jim bitterman in paris. thanks for that. a husband offers up a kidney so his wife would move up on the list to receive a kidney. cameras were following the real story on realtime. you will see the video, next. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differently. >>> her parents were told she wou
CNN
Jan 16, 2013 6:00am PST
debate pose big risks to the worldwide economy. the ongoing recession in the euro zone also a factor. >>> and winter weather prompts a state of emergency. salt trucks ran all night long to prevent sleet and freezing rain from the roadways and almost a quarter inch of ice formed on power lines and heavy rain is now causing flooding. >>> facebook's new search tool is surrounded by hype, but others think it might be a dude. it's called graph search and it's a way to search through your facebook network for answers. information google cannot access. you could look for restaurants your friends like, kind of like yelp or look for job connections like on linked-in or you can use it to find singles in your area. steven levy is the senior writer for "wired" magazine. steven, welcome. >> thank you. >> okay, you went to the facebook campus, experimenting with graph search. you interviewed mark zuckerberg. so, is this really as revolutionary as we're led to believe? >> well, it's very big for facebook. facebook has a couple things that people do all the time. they share photos and other things w
CNN
Jan 1, 2013 1:00pm PST
, with sovereign debt crises, with the euro zone. it was only at the very last possible minute that compromise was reached, that the big bargain was done. and if you look at the united states, even at a time of, a moment when really both sides needed to do more than the minimum, the markets will be saying they failed to do so. so, yes, they will be relieved, there won't be any immediate reaction, but the markets are certainly putting the politicians on notice that the budget mayhem can't continue. wolf? >> good notice. richard, thank you. >>> off an island in alaska right now, a crippled oil rig is running aground. it's carrying diesel fuel, oil, and hydraulic fluid, and the weather is working against recovery. we'll have an update. >>> an oil drilling barge is grounded off an island in southern alaska and a fares storm is hindering recovery efforts onboard. diesel fuel, lube oil, and hydraulic fuel. no leaks have been detected and teams are assembling to tackle any environmental damage. cnn's paul vercammon has an update. >> reporter: high winds and huge waves pounded the drilling rig off kod
CNN
Jan 2, 2013 4:00am PST
. a euro zone crisis that seemingly has no end, and u.s. budget deficit crisis that seemingly has no end. so on this new year, ladies and gentlemen, in new york, just celebrate the fact that you are up 2% on the european markets. >> okay. richard quest. >> i'm celebrating the fact that nothing else this fiscal cliff, two of the best financial minds, richard quest and christine romans singing. >> dow futures up 200 points. >> you will be singing more later. >>> moving on to other news. secretary of state clinton and her health. that close call. doctors say the blood clot could have been fatal, caused a stroke or led to seizures or epilepsy. she's being treated with blood thinners, should make a full recovery. former president bill clinton and daughter chelsea scene visiting her yesterday. >>> students from sandy hook elementary school return to class tomorrow this is for the very first time since the horrendous massacre three weeks ago. but the children won't be back at sandy hook in that building itself. they will attend an empty elementary school a couple of miles away. newtown and how
Search Results 0 to 22 of about 23 (some duplicates have been removed)